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Cover Story

Unlocking Nepal's Growth Prospect

‘Nepal does have natural resources. They are of course our growth potentials but not necessarily the key element needed for our future economic growth. The key element is human resource; the brainpower, creativity of the people, entrepreneurship and innovation. If we can unlock our human . . . Read more »

Cover Story

Speakers' Voices

The theme of this conclave which is ‘Unlocking Nepal’s Growth Prospects’ is very timely. It is often presumed that for fast economic growth, a country needs a good natural resource . . . Read more »

Banking Activities

Banking Activities October 2014

Prabhu Bank Limited, formed after the merger between Kist Bank, Prabhu Bikas Bank, Gaurishankar Development Bank and Zenith Finance has started its operation from 15th . . . Read more »

Tech Talk

Tech Talk October 2014

Allied Trade Link International Pvt Ltd has launched a range of Panasonic mobile phones in the market. The launching event was held on 22th September 2014 at Hyatt Regency hotel, where representatives from Japan unveiled a range of 11 models of smart phones and bar . . . Read more »

Gadget Focus

Gionee Elife S5.5: Elegance and Power Combined

The global gadget market is being flooded with various devices in the recent days. A multitude of gadgets hit the market day in and day out, but a very few of them are able to meet the expectations and fulfill the aspirations of gadget . . . Read more »

Tourism And Civil Aviation

Tourism News October 2014

Tara Air has successfully conducted a test flight to Manang by a German built Dornier Do-228 Aircraft. The flight operated by Captain Bodh Raj Niraula and Rajesh Shrestha took off from Pokhara Airport and landed successfully at Manang . . . Read more »

Global Business Trends

Global Business Trends October 2014

The Obama administration cracked down Monday, 22nd September, on certain overseas corporate mergers and acquisitions, aiming to curb American companies from shifting their ownership abroad to shirk paying US . . . Read more »

Business Visitors

“We are willing to bring market specific products for Nepal”

Prasad Vasant Sane is the head of international business of Godrej Locking Solutions and Systems (GLSS). As a leading Indian brand, GLSS has been producing and providing critically acclaimed products and services in locking solutions and . . . Read more »

Business Visitors

“We are here to spread awareness about cyber security threats”

Altaf Halde is the managing director of Kaspersky to South Asia, a globally recognized manufacturer of cyber security solution. He was recently in Nepal for the post launch follow-up of the company’s products and also to spread the awareness on cyber security in . . . Read more »

Business Visitors

“Quality Products, Competitive Prices and Services Will Give Us Edge Over Competitors”

Nguyen Quang Hao is the deputy general director of the Vietnam based SRC Tyres. Chosen as the “Famous Brand in 2013” by the Chamber of Commerce and Industry of Vietnam (VCCI), the company has won many titles and awards and is renowned for its excellent quality and services. . . . Read more »

Business Visitors

“We keep Nepal at par with developed countries”

Ng Tian Beng is the vice president and managing director of Dell for South Asia region, looking after 30 countries including Nepal. Accompanied by Mir Sadat Ali, country manager for Nepal and Rest of Asia Pacific (RoAP), Beng was recently in Nepal on a business . . . Read more »

Business Visitors

“Nepal will benefit from our organo-metallic fertilizers”

Dr Rahul Mirchandi is the executive director of the Indian fertilizer company, Aries Agro Limited. This 42-year-old company that claims to have been manufacturing eco-friendly fertilizers, recently tied up with Alpha-Agro in Nepal. . . . Read more »

World Focus

TFA Impasse In WTO: An Opportunity Could Be Missed

The landmark agreement to liberalize global trade has hit a gridlock after India refused to accept the pact following the country's disagreement on food subsidies. The Trade Facilitation Agreement (TFA) or the Bali Package, agreed by the Ninth Ministerial Conference . . . Read more »

Management Gyan

Is Profit Antithesis to Collective Welfare?

Discussions on the actual purpose of business organizations have been going on for long in Nepal. Some argue that businesses are created simply to serve the interest of the investors while others claim that the purpose is to go beyond serving the sole interest of the investors and . . . Read more »

Spine Column

Osteoporosis and the Spine

Osteoporosis is a condition in which the bone mass decreases. This leads to weakness in the bones of the body and consequently increases the risk to fracture. The spine, hip, wrist and shoulder bones are prone to fractures. . . . Read more »

Economy and Policy

NTIS REVIEW Hopes Shadowed by Doubt

The latest statistics shows that Nepal's trade deficit and national budget size is equal around 600billion rupees. In this context, Nepal trade integration strategy–2010 (NTIS) is being reviewed after four years of implementation. This is the first time that government is planning . . . Read more »

Economy and Policy

Dynamics of Interest Rate

. . . Read more »

Biz Launches

Biz launches October 2014

Laxmi Intercontinental Pvt Ltd, the sole authorized distributor of Hyundai motors in Nepal has announced its Dashain-Tihar scheme named ‘Missi Badhshah Ekka’. With this scheme, customers will have an opportunity to win three . . . Read more »

Biz News

Biz News October 2014

Dolma Impact Fund has announced to invest up to Rs 4 billion in different companies of Nepal. The fund has been providing organisational investment incentive to different companies in the country. The Fund has planned to invest in the companies related to education, agriculture, . . . Read more »

Stock Taking

NRN Investment through Capital Market

‘Economic Roadmap for Prosperous Nepal’ was the main theme of 8th NRN regional conference held on Nagano, Japan from September 18 to 19. About three hundred NRNs had participated from different part of the globe to discuss on the given theme. . . . Read more »

Stock Taking

Monthly Technical Analysis of Nepse October 2014

Nepal Stock Exchange (Nepse) index continued spiralling downwards during the August 19 to September 18, 2014 period, just like the preceding period. During the review period, Nepse fell by 134.5 points (-13 per cent) to close at 899.89 . . . Read more »

Stock Taking

The End of Bull Run

The stock market of Nepal which was predicted to break the previous historic high level of 1175.38 points pulled back from 1083.55 and witnessed a nose dive sessions. . . . Read more »

Nepal Politics

Games To Delay The Constitution

As it happened to be, the much-awaited all-party political conference or round table conference – to use a more popular phrase- which was supposed to see a dialogue take place among the three major parties represented in the Constituent Assembly (CA) and the parties outside . . . Read more »

Business Education

MBA for Working Managers

Along with MBA and BBA there were lot of other options available for fresh graduates or regular students who aspired to gain a degree in management studies. But the options were limited for the working entrepreneurs or managers who wanted to sharpen their skills . . . Read more »

Corporate Focus

Nepal Life Insurance: Splitting Shares to Grow

Within the eleven years of operation, Nepal Life Insurance Company has set up an excellent business record and built a strong financial position. Now the company wants to split its shares of Rs. 100 as face value to Rs. 10 each. . . . Read more »

Social Entrepreneurship

Enterprise for Greener Homes

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Personality

The Art of Being Content

Sashi Raj Pandey, CEO of Shree Investment and Finanace Company Ltd and President of Nepal-India Chamber of Commerce and Industry is busy these days preparing for approaching merger of Shree Finance with Bank of Kathmandu. Pandey started Shree Finance . . . Read more »

Interview

“Hydroelectric project is not a zero-sum game”

Alok Rawat is the Water Resources Secretary of India. Leading an Indian delegation, he was recently in Kathmandu to attend a two-day meeting of the governing board of the Pancheswar Multipurpose Project. After the conclusion of the meeting, Rawat answered the . . . Read more »

No Laughing Matter

Sexy Settings

What is most popular these days in Nepal? You may say, it is betting or netting and dating. You may be right to some extent, but I say the most practiced thing is the setting. Let’s look it into more . . . Read more »

Biztoon

Biztoon October 2014

Biztoon October . . . Read more »

Voices

Voices October 2014

‘The government is preparing for the formulation and amendment of nearly three dozen new and existing . . . Read more »

Feedback

Feedback October 2014

The cover story of New Business Age’s September issue extensively explores the prospects of Nepal on being a land-linked country. Nepal is being touted as a golden land bridge between China and India - two growing economic giants on its north and south . . . Read more »

From the Editor

Auto Dream

Refusing to the demand of the automobile importers to reduce import duties on vehicles, Finance Minister Dr. Ram SharanMahathas promised them government support if they start vehicle manufacturing in the country. Given the increasing demand due to expansion in the road network . . . Read more »

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Leave Corruption Alone

Leave Corruption Alone

By Madan Lamsal

Recently, a South Korean court sentenced the vice-chairman of Samsung Electronics to five years in prison, pronouncing him guilty of bribery, embezzlement and perjury. Former South Korean President Park Geun-hye was impeached in connection with the same case of . . . read more »